Swarup Auto Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 51.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 49.00 L |
"Not reported" means no figure is available. A reported zero is shown as zero. Registry capital further down the page is separate from liquidation proceeds, and so are any figures read from the NCLT order.
Where this wind-down sits
against every completed s.59 on the register717 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
This is a voluntary liquidation under IBC Section 59 — a solvent company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut and no acquirer. Read assets realised, creditor payments, expenses and members' surplus separately. Here, Rs 49.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH COURT – IV
- Case number
- C.P.(IB)/560/ND/2021
- Order date
- 2 May 2024
Statutory observations
No adverse comments received from any statutory authority or public at large; RoC reported no pending legal action
Why the company wound up
In the order's own words
- What it was set up to do
- sale and purchase of Automobiles parts including Tractor and other Machinery parts and Tools including Machine Tools and accessories
The wind-down, stage by stage
11 dated stages
- 6 Aug 2020 Declaration of solvency
- 11 Aug 2020 Board resolution to wind up
- 5 Sep 2020 Liquidation commenced
- 8 Sep 2020 Public announcement
- 5 Oct 2020 Last date for creditors to claim
- 12 Oct 2020 Preliminary report
- 25 Aug 2021 Final report
- 26 Aug 2021 Final report filed with the ROC
- 26 Aug 2021 Final report filed with IBBI
- 2 May 2024 NCLT order
- 2 May 2024 Dissolved
Green marks a date from the IBBI register; blue marks a date read from an NCLT order.
The company behind the record
Identity, registration and capital
- MCA status
- Dissolved under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110052
- Incorporated
- 14 Nov 1984
- Authorised capital
- Rs 25.00 L
- Paid-up capital
- Rs 24.77 L
- CIN
- U74899DL1984PTC019328
- Registered office
- 902/290 GALI-3VILLAGE SHALIMAR,DELHI,Delhi,110052-India
Creditors and claims
As the order records them
Liquidator received claims from the Operational Creditors and other stakeholders, verified them, and made all payments during the liquidation period
Creditor approval
There is no objection certificate given by all the Creditors and the Shareholders in regard to the proposed Voluntary Liquidation
Litigation and delays
The frictions the order records
Litigation
No inquiry/inspection/complaint/legal action has been proceeded/pending against the Applicant Company according to RoC report
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.